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Life insurance: New CBDT rules on calculating income for policies with premium exceeding Rs 5 lakh

by AIP Online Bureau | Aug 17, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year New Delhi: The Income Tax department...

Urban poor most impacted in July inflation surge: Crisil

by AIP Online Bureau | Aug 17, 2023 | Data, Eco/Invest/Demography

The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,” the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...

UK PM Sunak commits to triple-lock pension policy despite inflation

by AIP Online Bureau | Aug 16, 2023 | Eco/Invest/Demography, International News, Pension & Social Security, Policy

Last November, with inflation in double-digits, finance minister Jeremy Hunt decided to raise state retirement and welfare benefits payments in line with price growth at a cost of about 11 billion pounds London: British Prime Minister Rishi Sunak said he was committed...
AI with 95% accuracy can steal passwords by ‘listening’ to keystrokes: Study

AI with 95% accuracy can steal passwords by ‘listening’ to keystrokes: Study

by AIP Online Bureau | Aug 16, 2023 | International News, Non-Life, Risk Management, Technology

“The ubiquity of keyboard acoustic emanations makes them not only a readily available attack vector but also prompts victims to underestimate (and therefore not try to hide) their output,” the study said “For example, when typing a password, people...

Govt officials should be called to courts only in exceptional cases: Centre to SC

by AIP Online Bureau | Aug 16, 2023 | Indian News, Policy

“Howsoever, in exceptional cases too wherein in-person appearance of government official is still called for by the court, the court should allow as a first option, to appear before it through VC (video conference),” the SOP said New Delhi: In a draft SOP...
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